AI Is Reshaping the Battlefield and the Future of Warfare
In this episode of AI IRL, Jackie Davalos and Nate Lanxon talk about one of the most dangerous applications of artificial intelligence: modern warfare
Bloomberg Business
PacWest Says in Talks With Potential Partners After Share Plunge
PacWest Bancorp said core deposits have increased since March and confirmed it’s in talks with several potential investors, seeking to calm markets after a 60% stock rout that made it the new focal point of concern over the health of US regional lenders.
Kenya Eurobonds Jump After IMF’s Support for ‘Vigorous Action’
Yields on Kenya’s eurobonds eased in Thursday trading after the International Monetary Fund’s chief said she’s impressed by economic programs in the East African nation and ready to support them.
Nigeria Agrees to Convert $49 Billion of Loans From Central Bank to Bonds
Nigeria’s debt burden is poised to jump 50% after lawmakers approved President Muhammadu Buhari’s request to convert 22.7 trillion naira ($49 billion) in loans from the central bank into bonds.
Trump’s So Confident He’s De Facto Nominee That He’s Shifting Focus to Biden
Donald Trump is calling game on the Republican presidential primary before voting even starts, as his campaign adopts a general election posture aimed at President Joe Biden.
Ghana’s Bawumia Will Run for President Next Year, Graphic Says
Ghanaian Vice President Mahamudu Bawumia plans to seek the nomination of the ruling New Patriotic Party to be its presidential candidate in next year’s election, the state-owned Daily Graphic newspaper reported, citing Frank Annoh-Dompreh, a lawmaker.
Spanish Football Clubs Expect to Swing to Profit This Season
Football clubs in Spanish top flight football competition LaLiga expect to post a combined profit at the end of this season as business recovers with fans filling up stadiums after pandemic restrictions were lifted.
UAE to Ship Less Oil From This Month in Line With OPEC+ Cuts
The state oil company of Abu Dhabi, part of the United Arab Emirates, told customers that it will reduce shipments of crude oil from this month, in line with OPEC+’s surprise decision to tighten supplies.
Danske Bank Buybacks Still Trapped on Legal Issues, Barclays Says
Investors hoping for a return of share buybacks at Danske Bank A/S may have to wait longer as there are legal issues still to be resolved even after a long-running money laundering probe has ended, Barclays says.
Goldman’s Role in Failed SVB Deal Under Review in US Probe
Goldman Sachs Group Inc.’s role in Silicon Valley Bank’s attempt to raise funds in March is under review by US governmental agencies, which are looking into the failed transaction that helped push the US regional-banking system into turmoil.